Bitcoin at highs as fears over potential split ease

Bitcoin at highs as fears over potential split ease

  • Investing.com – Bitcoin remained at highs on Thursday, as sentiment spiked higher following growing expectations that a key proposal aimed at improving Bitcoin’s scaling capability would garner enough support, averting a potential split in the digital currency.
  • On the U.S.-based GDAX exchange, Bitcoin rose to $2,659.0, up $400.9 or 17.86%, making up recent losses, after data on Monday showed 80% of Bitcoin’s mining power, including AntPool, BitClub, Bixin, BTC.com and BitFury, have signaled support for proposal Segwit2x, which would allow the bitcoin network to scale more efficiently.
  • Ethereum followed bitcoin’s move higher, rising to $225.41, up 8.89%.
  • Despite the recent rally, following its collapse to $130.26 on Sunday, Ethereum remained well below its all-time high of $419.3.
  • The dip in Ethereum from its all-time high has seen its market capitalization fall to $20 billion, well below bitcoin’s $43 billion, reducing investor expectations that Ethereum would be the alternative digital currency that usurps bitcoin as the best capitalized cryptocurrency.

Investing.com – Bitcoin remained at highs on Thursday, as sentiment spiked higher following growing expectations that a key proposal aimed at improving Bitcoin’s scaling capability would garner enough support, averting a potential split in the digital currency.
Continue reading “Bitcoin at highs as fears over potential split ease”

Ethereum based TokenCard is a Game-Changer for Global Financial Markets

  • The Federal Reserve, World Bank, big banks and virtually all major international financial institutions have created a broken system that steers wealth from the middle class into the coffers of big corporations.
  • Despite trillions of dollars that make up the flow of the global financial system, simply by moving money, money quickly finds it’s way in the pockets of governments and corporations.
  • In recent years, more than any other time in history, consumers are beholden to the imbalances and inequities of the financial markets around them.
  • This broken financial system has undermined the lives of working and middle class citizens around the world, destroyed families and collapsed entire economies.
  • TokenCard allows everyday consumers to spend their Ethereum and ERC20 tokens at VISA® terminals, which are present in virtually every country around the world.

The global financial markets are broken. For all of recent history, our livelihoods have been beholden to the economics of a financial market that does n…
Continue reading “Ethereum based TokenCard is a Game-Changer for Global Financial Markets”

Ethereum based TokenCard is a Game-Changer for Global Financial Markets

  • The Federal Reserve, World Bank, big banks and virtually all major international financial institutions have created a broken system that steers wealth from the middle class into the coffers of big corporations.
  • Despite trillions of dollars that make up the flow of the global financial system, simply by moving money, money quickly finds it’s way in the pockets of governments and corporations.
  • In recent years, more than any other time in history, consumers are beholden to the imbalances and inequities of the financial markets around them.
  • This broken financial system has undermined the lives of working and middle class citizens around the world, destroyed families and collapsed entire economies.
  • TokenCard allows everyday consumers to spend their Ethereum and ERC20 tokens at VISA® terminals, which are present in virtually every country around the world.

The global financial markets are broken. For all of recent history, our livelihoods have been beholden to the economics of a financial market that does n…
Continue reading “Ethereum based TokenCard is a Game-Changer for Global Financial Markets”